Russia normally exports 5m barrels of oil a day. Sanctions may now see Ukraine-supporting nations refuse to buy 3m of them. Can those nations cut their consumption by the same amount, immediately, and stop shortages and further price rises? Yes, says Lucas Davis at the Haas School of Business. Following the Russia-Ukraine crisis, the IEA has released a report “A 10-Point Plan to Cut Oil Use”, with ten ideas for immediate actions in advanced … [Read more...]
UK rail: where are the electric-diesel hybrids, hydrogen, battery trains?
Cars and planes get much more attention than trains when it comes to emissions. That makes sense when, in the UK, transport accounts for 26% of all carbon emissions but only 1% of this comes from trains. Also, trains are already relatively emission-low: they release 0.046kg of COâ‚‚/km/passenger while a diesel car is more than double that. Marcus Mayers and David Bamford at Manchester Metropolitan University explain that the crucial difference is … [Read more...]
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